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that will be calculated, and quite frankly, in a more simplified form been standard tax law. host: professor bob kelly? guest: when i say chaos i am -- professor buckley? >> when i say chaos, i am referring to two things. the irs has done programming based on their being a patch enacted by the end of the year. most tax returns software has made the same calculated gamble. i agree that the government needs revenue. i do not think there is any question of that. if you just say that the amt is a good tax because it raises revenue, i do not argue on the notion that we need money, however is an extraordinarily arbitrary way of raising revenue. it raises revenue not from the super wealthy. the amt applies to few people making more than half of $1 million. it is counter-intuitive. if you are going to raise revenue, it should be as president obama has suggested, shared sacrifice, and that sacrifice has to come from people making more than half of $1 million. host: how do the very wealthy get out of paying the amt? guest: because of the rate structure. the rate between $200,000 and $500,000 are at least as hig
political capital for fights over the budget and immigration reform. next is bob from new york city. caller: thank you. i can read your transparent republican leanings, but god bless you, you are entitled to them. host: i do not know how you can read that, but go ahead. caller: this is a very interesting political domino going on with susan arise. it is leading possibly to kerry or scott brown, your man in massachusetts that lost. you know, if i were president obama, i would look to play this game of chess differently. i do not know if i would look to an joe lieberman or somebody completely unexpected. i would keep john kerry out of it and i would play the political game of chess that is being forced imam the president. i would like to say -- i agree with the former callers and really the woman from florida talking about how we should not be rigid we should be making decisions about what is best for america. i would like to finish and say this deficit and debt is all about health care costs. mostly the costs are humongous. they are not micromanaging and looking at health care costs and ways
. when i was back in d.c., we had dan and bob and they sat in an irish bar around the corner and worked out the tax bill in 1987, i believe the year was. that's the kind of leadership the article was just talking about. instead of the people that call up and paris at the propaganda, we really have to be practical. -- that parrot the propaganda. a house divided cannot stand. let me give my personal example. i live on $6.66 a day. that is food stamps. that is for single adults. i live on social security, $774 a month. i am trying to go back to cornell to do sustainable energy. we are in a double down on reaganomics in despite. jimmy carter had great inflation because for five years we were a peaceful country again. then reagan put us back into the largest military buildup in peacetime. i think that's what we ought to do is realize that did not work, just like some of the new deal stuff was not working correctly. what we have to do is c- span.org [indiscernible] i want to thank mr. richard delver of the department of transportation, because unlike michael bloomberg -- host: you have gone a
Search Results 0 to 2 of about 3